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Hangzhou Huzhou Jiaxing Jinhua Ningbo Shaoxing
Zhoushan Taizhou Quzhou Lishui Wenzhou Map of Zhejiang
   Brief Introduction of Shaoxing

         China’s Famous City of Historic and Cultural Heritage (first batch)

        China’s Excellent Tourist City (first batch)

         One of China’s Top 30 Cities in Overall Economic Output

         National Environmental Protection Model City

         National Sanitary City

        National Garden City

         One of China’s Top Ten Fascinating Cities

         One of China’s Top Ten Best Commercial Cities

         China’s Brand Economy City

General Information

Shaoxing, one of the 16 central cities in the Yangtse River Delta, is located in the mid-north of Zhejiang Province, 230 kilometers from Shanghai to the north, 60 kilometers from Hangzhou to the west, 128 kilometers from Ningbo to the east and 30 kilometers from Hangzhou Xiaoshan Int’l Airport. It has jurisdiction over two counties, Shaoxing and Xinchang, three county-level cities, Zhuji, Shangyu and Shengzhou, and Yuecheng District. It has a total area of 8,256 square kilometers (with an urban area of 362 square kilometers), and a population of 4,350,000 (with an urban population of 640,000).

Cultural Interests and History

Shaoxing is a famous historic and cultural city in China, and the city was founded about 2,500 years ago. It enjoys the high reputation of the “Town of Green Hills and Limpid Waters, State of Historic and Cultural Relics and Land of Celebrities”. Other good names include the town of water, bridges, wine, calligraphy, traditional operas, celebrities and scholars.

Geography and Climate

Shaoxing is situated near the southeast China coast, between 29°14′-30°16′ north longitude and 119°53′-121°13′ east latitude. Its northeastern plain is a network of rivers, and its western part is hilly land.

Shaoxing has a subtropical monsoon climate, with a clear distinction of the four seasons, and plenty of rain and sunshine. The average annual temperature is 17.5 degrees, and the average annual rainfall is 1,000 mm.

City Planning

Shaoxing is now promoting the full-scale construction of a metropolis composed of the four city clusters of Yuecheng, Keqiao, Paojiang, Jiangbin and City Green Heart. It is planned that till the year 2007, the city's GDP per capita shall reach 4,500 USD, the standard of a moderate well-off society, while till 2015, the city shall have realized basic modernization, with the GDP per capita of 10,000 USD. The general aim is to build the city into a modern and ecological metropolis in the Yangtze River Delta, with a population of one million, where historic heritages and modern civilization are harmoniously integrated, and natural and civic landscape enhance each other.

The Main Indicators of the National Economy

 

Indicators

 

Unit

 

Actual

Performance

in 2005

 

Increase

over 2004

 

Total GDP

hundred million yuan

1440

13.3

GDP Per Capita

yuan

33122

9.5

Fixed Assets Investment of Society

hundred million yuan

700

11.3

Total Fiscal Revenue

hundred million yuan

151

18.8

Total Retail Sales of Consumer Goods

hundred million yuan

382

14

Total Volume of Foreign Trade

hundred million dollars

105

21.1

Natural Resources

There are many rivers and lakes in Shaoxing. The total volume of the water resources is 5.88 billion cubic meters. The freshwater breeding area is 17,000 hectares, and the cultivated land is 169,000 hectares. There are more than 60 kinds of minerals of exploitation potential and mining value, among which the reserves of diatomite are the largest in the country.

Human Resources

There are 240,000 persons with professional technical titles and 260,000 persons with technical certificates in the city. The five colleges such as Shaoxing College of Arts and Science, the 40 secondary vocational schools and the 42 senior middle schools annually supplies the country with 11,000 undergraduates, 16,000 and 22,000 graduates from secondary vocational and senior middle schools respectively. The 2,282 adult education schools and training schools reeducate and technically train nearly a million employees every year.

Per Capita Income and Consumption

The per capita disposable income of the urban residents is 17,516 yuan, an increase by 12.0% compared with that of the previous year; the per capita expenditure of the urban residents is 12,027 yuan, an increase of 13.4%; the per capita net income of the rural residents is 7,704 yuan, an increase of 10.5%; the per capita expenditure is 5,765 yuan, an increase of 9.5%.

Engel’s coefficient: urban residents: 34.0%, rural residents: 38.8%

Infrastructure

Shaoxing is one of China’s top 40 cities with the most favorable investment environment. Every county is connected by expressway and every village of the city is connected by highways, forming the transport network of “1-hour business circle and 2-hour travel circle”. The Zhejiang-Jiangxi Railway, Hangzhou-Ningbo Railway, Shanghai-Hangzhou-Ningbo Expressway, Shangyu-Sanmen Expressway, Hangzhou-Jinhua-Quzhou Expressway, Ningo-Jinhua Expressway, etc. all pass through Shaoxing. Shaoxing has easy access to communication with all the countries and regions in the world by mail and telecommunication. Shaoxing Electric Power Bureau is the first to build the ERP system among the national power supply systems, and one of the nation’s first groups of “International First Class Power Supply Enterprises”. The drinking water quality of Shaoxing has reached the standard for drinking water set by the E.E.C. Shaoxing Sewage Treatment Plant can treat 700,000 tons/day of industrial wastewater and domestic sewage. The garbage is collected and incinerated for power generation. Hangzhou Bay Cross-River Bridge—the express passage from Shaoxing to Jiaxing—has been approved by National Development & Reform Committee. After completion, the drive from Shaoxing to Shanghai will be shortened to one and half an hour.

Industrial Foundation

Manufacturing Industry

Shaoxing is the right place for international manufacturing industries that want to transfer their bases here. In the whole city, there are advantageous industries including textiles, garment, chemical materials, chemical products, general purpose equipment, electric machinery & appliances, light industry, and rice wine. In 2005, the total output value of the city’s above-scale industries was RMB 319.4 billion, an increase of 23.5% over the previous year, and the added value of above-scale high-tech manufacturing industries accounts for 24.8% of the added value of the whole city.

▲Chemical Fiber

Shaoxing is the textile production base of China. Its chemical fiber manufacturing output accounts for 47% of the total industrial output. At present, there are over 60,000 looms, including 40,000 shuttleless looms. The whole textile industry annually produces 1.847 million tons of chemical fiber, 5.43 billion meters of fabrics, 0.49 billion pieces of garments and 13.2 billion meters of printed and dyed fabrics. The annual production of hosiery is 11.6 billion pieces, which is 1/3 of the whole country. The annual production of ties is 0.3 billion pieces, which is 9/10 of the whole country. Shaoxing textile industry has formed a large enterprise cluster, making Shaoxing the area with the most advanced equipment, the highest density of shuttleless looms, and the largest output in the national textile industry.

▲High-quality Rice Wine

As one of the five cities famous for wine culture in China, Shaoxing has a wine-making history of about 2,500 years. Today, it is the largest manufacturing and export base of rice wine, with an annual output of 270,000 tons, accounting for 20% of the national total output. The annual export amounts to 20,000 tons, accounting for 3/4 of the national export volume.

▲Machine Manufacturing

Shaoxing is the largest production base of the aluminium wheels of automobiles and motorcycles. Its domestic market share of the aluminium wheels of motorcycles is over 55%. Shaoxing is the production base of small- and medium-sized blower fans, bearings, micromotors, and is the base of the domestication of environment-friendly devices. Shaoxing also enjoys an exceptional advantage in manufacturing textile machinery. Two-for-one twisters made in Shaoxing take up 80% of the Chinese market, and large-sized printing and dyeing machines take up 40% of the Chinese market.

▲Pharmaceutical and Chemical Industry

Relying mainly on new antibiotic medicines, with Chinese patent medicines and medical appliances as subsidiary, the pharmaceutical industry has achieved a rapid development. Shaoxing is the largest capsule and pill production base. Its disperse dyes rank the first both in the domestic market and in overseas market. Five pharmaceutical and chemical companies are listed on the stock market, becoming the leading enterprises of this trade.

▲Light Industry & Furniture

Shaoxing is China’s largest production and export base of energy-saving lamps, and an important furniture manufacturing base and sales center in East China.

▲Electronic Information

Shaoxing is China’s largest manufacturing base and development center of VFD. Its annual output accounts for over 90% of the national total. It is a provincial and national D&R and production base of integrated circuit.

Business & Trade

Shaoxing is the one of the best commercial cities in Mainland China. In 2005, the total volume of retail sales of consumer goods was RMB 38.2 billion. Shaoxing is also the city with several famous markets. The professional markets that depend on the local industrial advantages such as textiles, ties and garments, pearls, etc. are prosperous. In 2005, there were 364 commodity transaction markets around the city, recording a transaction volume of 98 billion yuan. There were 17 markets whose annual transaction volume was over 1 billion yuan. The China Light Textile City of Shaoxing is the largest distribution center of textiles in Asia. Its transaction volume in 2005 was 27.6 billion yuan. By 2005, Shaoxing had 14 China’s Famous Trade Marks, 26 China’s Brand Names, 10 Famous Brand Exports for Key Cultivation and Development by Ministry of Commerce, 163 Zhejiang Brand Names, earning it the title of China’s Brand Economy City.

Tourism

Shaoxing is an excellent national tourist city. The long history of Shaoxing has left the city with numerous famous and historic sites. There are 213 cultural reservations of county level or above, including 9 state-level and 42 provincial-level ones, and there are also over 3,600 places of cultural relics, making Shaoxing known as “a museum without walls”. Based on its rich cultural heritage, the city boasts over 200 scenic spots and 28 scenic areas, various tour lines featuring wine culture, stone culture, bridge culture, calligraphy, Buddhism, or waters and rivers. There are 82 star-level hotels open to foreigners and 82 travel agencies operating in Shaoxing. In 2005, the city received 15.23 million tourists (including 200,000 overseas tourists), generating RMB11.6 billion yuan in tourism revenue (including 66.79 million USD in foreign exchange).

Agriculture

Shaoxing is the hometown of fish and rice. In 2005, its gross output value of agriculture, forestry, animal husbandry and fishery was RMB13.53 billion yuan, increased by 4.8% compared with that of the previous year. In the whole city, there are 7 national seed and seedling breeding fields, 9 national agricultural development and processing projects, 10 “Hometowns of Chinese Local Products”, and 2.23 million mu of featured agricultural bases. The city has 1,079 leading agricultural enterprises of major scale, among which 93 recorded an output and sales volume of above RMB50 million yuan, and 35 above RMB100 million yuan. Of the 239 farm produce markets, 22 reached a business volume of over RMB100 million.

Construction Industry

Shaoxing is a city strong in construction. For many years, Shaoxing has topped prefecture-level cities concerning the following four indicators of construction industry: output value, added value, profit and tax, and the number of high-quality projects above provincial or ministry levels. 22 projects built by Shaoxing companies have been awarded the prestigious “Luban Prize” which is the highest award for construction engineering in China. In 2005, the construction industry generated an output value of RMB125.2 billion. The up-to-standard rate of projects reached 100%. There are 442 construction enterprises with assessed levels employing 560,000 workers. 24 enterprises have been licensed to operate in foreign countries and regions.

Opening to the outside World

▲International Cooperation and Exchange

Shaoxing is a city fully open to the outside world. It has established friendly-city relations and friendly-exchange relations with 26 cities from Japan, USA, France, Denmark, Britain, Korea, Italy, Brazil and etc.

▲Import and Export Trade

In 2005, the total volume of import and export trade of the whole city was 10.48 billion dollars, increasing by 21.1%, in which the self-managed export volume was 8.14 billion dollars, increasing by 23.2%. The city has direct trade relationships with 198 countries and areas. 2,717 self-managed export enterprises are in actual performance, and 184 achieved over 10 million dollars in export value. The foreign trade dependence degree of the national economy reached 58.2%.

▲The Use of Foreign Capital

In 2005, there were 416 newly approved foreign-invested enterprises. The contracted foreign capital was 2.021 billion dollars, increasing by 20.9%; the foreign capital in actual use was 9.01 billion, increasing by 9.4%. The 4,011 foreign-invested enterprises made a total investment of 18.32 billion dollars. The total contracted foreign capital was 8.098 billion, and the foreign capital in actual use 3.944 billion dollars. Among the world’s top 500 enterprises, Daimler Corporation from Germany, Philips Corporation from the Netherlands, Lafarge Group from France, Marubeni Corporation, Toyota Company, Nichimen Corporation, Panasonic Corporation, Itochu Corporation and Sojitz from Japan have all set up enterprises in Shaoxing.

▲Overseas Cooperation

In 2005, the turnover of the foreign contracted projects and labor cooperation was 197 million dollars. 352 person/times of labor service were sent overseas, reaching 3,018 by the end of the year. There were 57 newly approved enterprises investing overseas with a gross investment value of 17,920,000 USD. The enterprises (organizations) set up overseas added up to 311 with a gross investment value of 106,130,000 USD.

I. Import & Export of Previous Years (in ten thousand USD)

 

2000

2001

2002

2003

2004

2005

Export volume

127735

187459

290118

453313

660853

814162

Import volume

38510

59626

96918

142821

205372

234311

Import& Export

166245

247085

387035

596134

866225

1048473

 

 

II. Main Countries of Export in 2005 (in ten thousand USD)

 

Export Volume

Increase over Previous Year %

Percentage%

United States

114401

52

14.1

United Arab Emirates

56776

0.8

7

Hong Kong

40729

11.2

5

Iran

31807

-9.9

3.9

Japan

31628

10.8

3.9

India

30594

112.9

3.8

Germany

26128

30.9

3.2

Korea

24828

10.4

3

Italy

22254

68.7

2.7

Brazil

20952

7.7

2.6

Others

414065

23.5

50.9

 

III. Main Export Products in 2005 (in ten thousand USD)

 

Export volume

Increase %

Percentage %

Yarn, Fabric & Products

426763

13.8

52.4

Garment

156236

35

19.2

Electromechanical Products

105976

45.4

13

Medical & Chemical Products

40896

7.6

5

Agricultural & Sideline Products

23757

18.7

2.9

Hi-tech Products

13830

47.4

1.7

 

 

Foreign Capital Utilization of Shaoxing in Previous Years (in ten thousand USD)

Year

Contracted Foreign Capital

Foreign Capital in Place

2000

16641

11598

2001

28826

15777

2002

80175

38167

2003

150121

74271

2004

167117

82344

2005

202139

90095

 

 

Main Industries Utilizing Foreign Capital (in ten thousand USD)

Name of Industry

Foreign Capital in Place

Percentage %

Textiles

192024

48.69

Chemical, Medicine & Chemical Fiber

53774

13.63

Machinery & Electric Device

49402

12.53

Electronic Information

17472

4.43

Light Industry (Except Textile)

37677

9.55

Construction & Real Estate

12371

3.14

Business & Trade and Social Service

12436

3.15

Accommodation, Dining & Recreation

1846

0.47

 

 

Main Investing Countries and Regions (in ten thousand USD)

Country (Region)

Actual Foreign Capital

Percentage %

Hong Kong

198027

50.21

Taiwan Province

35399

8.98

Virgin Islands

28006

7.1

United States

25641

6.5

Japan

18160

4.6

Korea

13005

3.3

Britain

11164

2.83

Singapore

7094

1.8

Italy

6784

1.72

Indonesia

3774

0.96

Key Development Zones

Shaoxing Business Center (Didang New City)

Didang New City will be located in the east of downtown Shaoxing, with an area of 572 hectares. It is at the joint of Yue Cheng and Paojiang and the juncture between Keqiao and Shangyu. It has easy access to road, railway and water transport. It will be composed of Business & Trade Center, Business and Office Zone, Exhibition Center, Recreational & Accommodation Zone and the Didang Park. It will function as a regional business, trade and commercial center, a demonstration town of waters and rivers within a metropolitan Shaoxing, and the innovation and demonstration zone of city development and management.

Telephone: 0086-0575-8628818, 8628806

Fax: 0086-0575-8628807

http://www.sxcbd.com.cn/

 

Development Zones (Industrial Zones)

▲Shaoxing Economic Development Zone, Zhejiang

Tel: 0086-575-8641597

▲Shaoxing Paojiang Industrial Zone

Tel: 0086-575-8132208

▲Shaoxing Keqiao Economic Development Zone, Zhejiang

Tel: 0086-575-5642812

▲Binhai Industrial Zone, Shaoxing County

Tel: 0086-575-5627437

▲Zhuji Economic Development Zone, Zhejiang

Tel: 0086-575-7383558

▲Shangyu Economic Development Zone, Zhejiang

Tel: 0086-575-2116631

Hangzhou Bay Fine Chemical Industrial Park

Tel: 0086-575-2733222

▲Shengzhou Economic Development Zone, Zhejiang

Tel: 0086-575-3347788

▲Provincial Hi-Tech Industrial Park, Xinchang County

Tel: 0086-575-6295102

▲Shaoxing Ecological Industrial Park

Tel: 0086-575-8617666

Xinchang Bearing Industrial Park , Zhejiang

Tel: 0086-575-6591058

▲Zhuji Shanxiahu Pearl Industrial Park

Tel: 0086-575-7681811

 

Preferential Polices for Overseas Investors in Shaoxing

 

Income tax rate

Road, bridge,

irrigation, environmental

protection and

other projects

with at least 30

million USD of

investment and a

long payoff period

With approval, levied at 15%

Agricultural

projects and

manufacturing

enterprises

Levied at 24%

Infrastructure

projects

With approval, projects with over 15 years of operation period are exempt from income tax for 5 years starting from the profit-earning year, and are taxed by half from the 6th to 10th year.

Agricultural projects

Projects with over 10 years of operation period are exempt from income tax for 2 years starting from the profit-earning year, are taxed by half in the 3rd to 5th year, and with approval, taxed 15-30% less within the following 10 years.

Manufacturing enterprise

Projects with over 10 years of operation period are exempt from income tax for 2 years starting from the profit-earning year and are taxed by half in the 3rd to 5th year.

Enterprise of

advanced technology

Exempt from income tax for 2 years and taxed by half for another 3 years starting from the profit-earning year, and after expiration of that term, taxed by half for 3 more years.

Export enterprise

Exempt from income tax for 2 years and taxed by half for another 3 years starting from the profit-earning year, and after expiration of that term, taxed by half if the export value accounts for over 70% of that year’s total output.

Enterprise with

increased capital

and equity

expansion

When foreign investors re-invest their profits earned from foreign-funded enterprises for a term of no less than 5 years, the collected income tax of the re-investment can be refunded by 40%; if the investment is spent in running or expanding export production enterprises or enterprises of advanced technology, the collected income tax of the re-investment can be fully refunded.

 

Others

1. Except those under state regulations, export products produced by foreign-invested enterprises are exempt from export tariff, and such measures as exemption, anticipation and refunding are adopted for value added tax collected during the distribution process.

2. Import of raw and auxiliary material by foreign-invested enterprises for the execution of export contract are exempt from import duties and import value added tax.

3. Foreign-invested projects encouraged by the state and foreign-invested R&D centers are exempt from duties and VAT for equipment import; existing foreign-invested projects encouraged by the state or under restriction category B, foreign-invested R&D centers, foreign-invested enterprises of advanced technology and export-oriented enterprises are exempt from duties and VAT for equipment imported for technical renovation.

4. Foreign-invested enterprises, when buying equipment in China and when the equipment is under the duty-free catalogue, are refunded with VAT of the China-made equipment in full value, and the enterprise income tax is exempt according to relevant regulations.

5. Approved by tax authorities, foreign-invested enterprises are allowed fixed asset depreciation at a faster rate.

6. Income of foreign-invested enterprises earned from technology transfer is exempt from business tax.

Green Card

Foreign businessmen who invest over 5 million dollars in the downtown area will be issued the Green Card by Shaoxing Municipal Government. The card entitles the holder to favorable treatment at city hospitals, for children’s education and at scenic spots.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Refer to official documents for the above-listed preferential policies).)

 

Business Costs

 

Water

For industrial use

2.10 yuan/ton

For commercial use

2.60 yuan/ton

For capital construction use

2.80 yuan/ton

For domestic use

1.80 yuan/ton

Electric power

For big industrial use (transformer 315 KVA and above)

1-10KV

0.510yuan /KWh

35KV and above

0.495 yuan /KWh

110KV and above

0.485 yuan /KWh

220KV and above

0.480 yuan /KWh

For medium industrial use & non-industrial use

< 1 KV

0.708 yuan /KWh

1-10 KV

0.688 yuan /KWh

35 KV and above

0.673 yuan /KWh

For commercial use

< 1 KV

0.899 yuan / KWh

1-10KV

0.879 yuan /KWh

35 KV and above

0.864 yuan /KWh

For agricultural use

1-10KV

0.380 yuan /KWh

35 KV and above

0.365 yuan /KWh

For domestic use

0.530 yuan /KWh

Heat

0.7 Mpa 250

85 yuan / ton (basic price)

Freight transportation

Highway

20 foot container

Shanghai: 2,200 yuan

Ningbo: 1,500 yuan

40 foot container

Shanghai: 3,100 yuan

Ningbo:1,900 yuan

Part load

0.70 yuan / ton·km

Railway

20 foot container

Shanghai: 1,200 yuan

Ningbo: 1,000 yuan

40 foot container

Shanghai: 2,400 yuan

Ningbo: 1,900 yuan

Part load (under 1000 km)

0.45 yuan /kg

Labor

Common worker

Approx. 600 – 1000 yuan/month

Technical worker

Approx. 1000 – 2000 yuan/month

Managerial staff

Approx. 1200 – 2500 yuan/month

(for reference only)

 

Investment Service

▲Convenience Service Center

To improve the city’s investment environment, Shaoxing has established city-level and county-level convenience service centers, where government agencies work together to provide services of reduced formalities in the examination and application process, transparent working procedures, shorter waiting time, and simplified procedures. Shaoxing Convenience Service Center has also set up a green passage for foreign investment projects. Regarding procedures from information and consultation, approval, enterprise registration to construction commencement, the centers practice “one-stop application, shared information, simultaneous examination and timed completion”, providing convenience service to both domestic and foreign investors.

 

▲Foreign Related Authorities

Shaoxing Foreign Trade & Economic Cooperation Bureau

Tel: 0575-5137773  Fax: 0575-5148803

Shaoxing Investment Promotion Bureau

Tel: 0575-8619758  Fax: 0575-8619748

Shaoxing Development Planning Commission

Tel: 0575-5141093  Fax: 0575-5132691

Shaoxing Economic & Trade Commission

Tel: 0575-5157234  Fax: 0575-5157014

The Foreign & Overseas Chinese Affairs Office of Shaoxing Municipal People’s Government

Tel: 0575-5172957  Fax: 0575-5165262

The Taiwan Affairs Office of Shaoxing Municipal People’s Government

Tel: 0575-5133412  Fax: 0575-5126875

The News Office of Shaoxing Municipal People’s Government

Tel: 0575-5122064  Fax: 0575-5137743

Shaoxing Administration of Industry & Commerce

Tel: 0575-8604914  Fax: 0575-8604915

State Administration of Foreign Exchange, Shaoxing Branch

Tel: 0575-5209070  Fax0575-5209140

Shaoxing Bureau of State Taxation

Tel: 0575-5228083  Fax: 0575-5228014

Shaoxing Finance Bureau

Tel: 0575-5209660  Fax: 0575-5124035

Shaoxing Bureau of Local Taxation

Tel: 0575-5209642  Fax: 0575-5133931

Shaoxing Customs Office of the People's Republic of China

Tel: 0575-5229617  Fax: 0575-5229748

Shaoxing Entry-Exit Inspection and Quarantine Bureau of the People's Republic of China

Tel: 0575-8611333-292  Fax: 0575-8657110

Shaoxing Convenience Service Center

Tel: 0575-8604901  Fax: 0575-8604999

Shaoxing Development & Environment Complaint Center

Tel: 0575-12345  Fax: 0575-5117478

 

▲Service Organizations

Shaoxing Foreign-Invested Enterprise Association

Tel: 0575-5138154  Fax: 0575-5148803

Shaoxing Foreign Investment Promotion Center

Tel: 0575-8619656  Fax: 0575-8619748

China Council for Promotion of International Trade, Shaoxing Branch

Tel: 0575-5124139  Fax:0575-5132580

Shaoxing International Exchange Service Center

Tel: 0575-5154696  Fax: 0575-5154295

Shaoxing Human Resource Exchange Center

Tel: 0575-5224981  Fax: 0575-5224242

Shaoxing Labor Force Market

Tel: 0575-8907083  Fax: 0575-5172940